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Gerald Friedman is mentioned in a news story about why wages aren’t increasing even though the economy is strong and unemployment is low.

Gerald Friedman is mentioned in a news story about why wages aren’t increasing even though the economy is strong and unemployment is low. He questioned an explanation from the International Monetary Fund that says slow wage growth is caused by a slower labor productivity and a decline in the share of income that goes to workers. Friedman says this explanation is “a little circular.” (Forbes, 7/21/18)